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is president of the dallas fed, an extinguished fellow for the policy analysis, also a cnbc contributor and robert is a cnbc could contributor as well. robert helde robert heller, what happens now? he's going to have big decisions to make when it comes time to reverse this policy if in fact you believe that is going to happen sometime soon. >> they will do everything possible to support his policies. they will continue to buy a humongous amount of debt and fi nan the deficit. >> bob, what about you? i guess it's hard to talk about a reversal of fed policy when you have a day like today and discussions like we're having regarding the fiscal cliff. is it somehow accelerated in the months to come given the risks in the near term. >> i think there's hope that it will come to an end at some point. i doubt that mr. bernanke is going to be around after the first january 2014. i can't imagine that he'd want a new term, although i agree with robert that that probably wouldn't change the course of monetary policy. i think at the very least we've got another year and a month of what we now have. >
to across to consumers. >> we started in dallas in 1978, so for 35 years. so we have just an increasingly strong following every year for that, and i think the stocking stuffers and gift wrap create the traffic. wheel they're there, even though consumers are so busy, they hopefully can't resist organizing their pantry or closet or other delightful gifts. >> kip, we look forward to sealing what you have these days. the ceo of the container store. i don't know if you go to buy any gifts for your loved ones. >> i don't have the shoes collection you do, so everything is organized. i'm highly organized guy, anyway, by i hope you get your dream closet. >> everybody wants that. >> i'm your fan, your fan, singular. coming up, some inspiration from the street. ♪ oh, look. cute. oh, look. cute. [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to
at the dallas fed saying we ought to put a clear cap on it. it might be a little more interesting reading than we normally have the beige book. that got comments this morning. a lot of talk about costco and now joining the special dividend club. there are lists of cash rich stable companies that may be able to join this special dividend club. here's a couple i've seen bandied about this morning. william sonoma for one. home depot another one i heard bandied around. office max another one and even p petsmart i heard bandied around as special dividend candidate. about the knight capital deal and getco offer of 3.50. they asked if knight could survive as stand alone company at this point. it's not clear. the board as changed. there are new people on the board that represent various interests. there are people on the board that are maybe likely motivated to sell. who knows. former managing director of general atlantic is on the board. it's complicated. i've asked if other bidders might emerge out there. think about this. only two bidders mentioned are not publicly traded. i don't think that's an a
. 36 as high as you'll go. nation's midsection, check it out from fargo, 33. 62 in dallas. very breezy in new orleans today. and you can expect it cool and dry through the plains. farther out towards the west, you can see some rain in the valleys. mountains can be expected over the cascades. very dry for you across the four corners. highs mainly in the 40s, fifth and even some 80s across the region. in terms of travel weather, a lot of have you to go out and about today. you have to fly around the country. you can expect some backups. new york and washington, minor delays. they may stack up a bit into the afternoon, so be patient out there. and then boston, seattle, mostly minor. los angeles, no issues to speak of. a little marine layer, but you should be just fine. let's pitch it back to you you. >> did you actually just run out to the set? did we catch you? >> a little bit kind of sort of, but not really. i was really intrigued by last block. we heard a little bit of corduroy the bear and the societal collapse. >> sorry. >> are you kidding me? i was terrified last block the stuff we
spending cuts and revenue increases. in the meantime, dallas fed president richard fisher tells cnbc that the central bank can't do much more to shelter the economy. >> we need to completely reboot tax policy and spending policy. if we have temporary fixes to the fiscal cliff, just push out the envelope of indecision until we have a sense of true direction, and it's time for our politicians to get their act together. >> fisher says he does not view the fed as a safety net. that is certainly a change of perception, one that congress is going to have to figure out pretty quickly along with the rest of washington. >> that it is. there's been a number of interviews this morning that would lead you to the same place. cisco reporting better than expected first quarter earnings in revenues, but the tech giant expects flat earnings and slower revenue growth for the current quarter. john chambers sees europe getting worse before it gets better, but he says there are signs of improvement in the u.s. economy. >> we want to be the one company that both exceeds expectations and doesn't bring down
, even 60s in dallas. and then out towards the west, final and he will getting a break in spots like seattle. 50 degrees. so a bit more mild. very chilly in the mountains. 81 in los angeles and phoenix. rest of the four corners, very dry and mild. what about your travel? a lot of people will be traveling not just to the shopping mall, but to the airports. we do have someplaces where we may see some backups. what i can it or not, backups could take place especially places like detroit, houston. minor delays in nashville. but new york and los angeles for the time being, nothing to speak of. might have volume delays later in the day at jfk. back to you. >> real quickly, as we head into sunday, a lot of people traveling back on sunday, any idea about whether the weather will continue to get worse or improve? >> it is going to be rough in parts of the northern plains. a lot of the small regional airports. out west, not bad either. >> thank, reynolds. happy post-thanksgiving to you. best buy of course in need of a strong start to the holiday shopping seen. jane wells is in california and a
Search Results 0 to 5 of about 6